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CGS International sees potential downside risks to Malaysia’s technology sector earnings
CGS International said Tuesday that the potential trade and industry policy changes under newly elected US President Trump, headwinds from Malaysian Ringgit’s strengthening against the US dollar, as well as muted demand recovery for consumer electronics, could lead to downside risks to Malaysia's technology sector earnings.
CIFDAQ COO Jay Hao shares insights on capital raising for Web3 startups
The #Web3 landscape is unforgiving to startups that cannot translate capital into meaningful progress. Success demands more than a compelling pitch or an impressive funding round—it requires relentless execution, strategic talent acquisition, and an unwavering commitment to the original mission.
Malaysia Venture Forum 2024 opens in KL, brings together public & private sectors to discuss future of VC ecosystem
The forum was officiated by Amir Hamzah Azizan, Minister of Finance II, who stressed the role of VC in driving innovation, economic growth, and job creation.
Malaysia’s AI startup Mesolitica builds Malaysian LLM for generative AI assistants on AWS
With AWS, Mesolitica can now deploy proofs of concept (PoCs) in as little as 24 hours, while the AWS Asia Pacific (Malaysia) Region provides a 20 percent reduction in latency, critical for achieving human-like conversations in AI voice assistants.
KPay secures $55M in Series A funding led by Apis Growth Markets Fund III & Apis Global Growth Fund III
Founded just over three years ago, KPay has achieved a remarkable 166 percent revenue CAGR during this period, operating across Hong Kong, Singapore and Japan.
Thailand Post partners with insurtech firm bolttech to launch online motor insurance
Powered by bolttech, this innovative offering provides coverage for personal cars and trucks, including compensation for death, disability, loss of limb, and medical expenses.
Malaysia’s Sime Darby Property to develop additional data centers at Elmina Business Park
Malaysian property developer Sime Darby Property Berhad has on Monday announced the signing of a new build-and-lease agreement with Pearl Computing Malaysia Sdn Bhd, a wholly-owned subsidiary of a multinational technology company, which will see the development of additional data center facilities.
Thailand’s Central Food Retail partners with Google Cloud to launch AI shopping assistant
Thailand supermarket chain Central Food Retail Company Limited has partnered with Google Cloud to launch an artificial intelligence (AI) shopping assistant.
Analyst stays bearish on Thai electronics market outlook amid struggling Western EV sector
Despite positive momentum from the trade war, Maybank Investment Bank sees a bearish FY25 outlook for Thai electronics due to the struggling Western electric vehicle (EV) sector and looming impact from the Global Minimum Tax.
Maybank revises up GoTo Gojek Tokopedia revenue forecasts
Maybank Investment Bank has revised up Indonesian tech platform GoTo Gojek Tokopedia FY25/26 revenue forecasts by 17 percent/ 15 percent, after the firm's first nine months revenue beat its forecast.
